TrustRadius
Excel on steroids!
https://www.trustradius.com/corporate-performance-management-cpmAnaplanUnspecified7.9213101
Szilvia Havasreti profile photo
November 10, 2017

Excel on steroids!

Score 7 out of 101
Vetted Review
Verified User
Review Source

Modules Used

  • Anaplan for Sales

Overall Satisfaction with Anaplan

Anaplan is used across the whole organization, at WW level. The key problem was to remove offline spreadsheets for sales quota planning, deployment, and ensure automatic, real-time coverage analysis for the sales teams.
  • Real - time - the cloud based technology allows all changes & its impact is visible in real time.
  • Performance - in the case of complex business cases, the size of Anaplan is increasing drastically, and even a simple click would take more than it should.
  • UI - The User interface needs to be improved: group/expand hierarchy, "Ctrl " + select option to allow multi selection, Content page clean up, easier "Drag & drop" when customizing or building exports.
  • Review & enhance the type of security user roles.
  • Time saving for business analysts - no need to spend time on collecting & crunching complex data, rather spending that time to provide meaningful business justifications
  • Anaplan for Sales
As part of our sales planning transformation, Anaplan brought us visibility on the sales performance, assignments and KPIs at all levels. All of our key performance indicators are in real time. With the tool, we managed to streamline our processes from the financial perspective all the way to the letter that the sales rep receives for his or her objectives.
  • MS Excel
During the selection process at the end of 2012, we were thinking of Excel as the main tool, or an in-house software built by ourselves, however, this would have taken us ages, so we checked what is available on the market. Anaplan was a small start-up at that time, but it helped us to ensure we can customize the software to our needs.
  1. The time it takes for the sales letter to be prepared and given to the sales representatives reduced significantly, as a result, sales can truly focus on selling.
  2. The vision is to have a real cloud based quota and planning tool, with users as business managers & business planners, not operational users who are just importing & exporting to Anaplan.Anaplan as a strategic tool, that can provide meaningful analytics in real-time.
Sales performance management, various finance scenarios - Anaplan is good for automating calculations. It is less appropriate for very complex business cases.

Anaplan Feature Ratings

Long-term financial planning
7
Financial budgeting
8
Forecasting
7
Scenario modeling
3
Management reporting
8
Financial data consolidation
8
Journal entries and reports
3
Intercompany Eliminations
6
Minority Ownership
6
Local and consolidated reporting
6
Detailed Audit Trails
3
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
7
Automated board and financial reporting
9
Personalized dashboards
2
Color-coded scorecards
6
KPIs
7
Cost and profitability analysis
7
Key Performance Indicator setting
7
Benchmarking with external data
7
Flat file integration
10
Excel data integration
9
Direct links to 3rd-party data sources
9